Press Release

DBRS Discontinues Rating on $325 Million Facility Issued by Quinten Road Funding LLC

Structured Credit
August 26, 2013

DBRS, Inc. (“DBRS”) has today discontinued the rating on the $325,000,000 Senior Warehouse Facility (the “Facility”) issued by Quinten Road Funding LLC (“the Issuer”). The rating addressed the full and ultimate payment of principal and timely payment of interest on or before the Facility’s legal final maturity date of December 21st, 2017.

This rating action reflects full amortization and termination of the facility.

The principal methodology is Rating CLOs and CDOs of Large Corporate Credit, which can be found on our website under Methodologies.

This credit rating has been issued outside the European Union (EU) and may be used for regulatory purposes by financial institutions in the EU.

Note:
All figures are in U.S. dollars unless otherwise noted.

Ratings

Quinten Road Funding LLC
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.